SpaceX signs binding $40B GPU finance lease with Apollo, closing expected before year-end

SpaceX signed a binding commitment for an approximately $40 billion master finance lease for GPUs and equipment with an entity managed by Apollo Global, per today's SEC filing. The deal has not yet closed; closing is expected before year-end, with deliveries expected in Q1-Q2 2027. Musk confirmed the raise on X, saying SpaceX is investment grade with Starlink and launch revenue.

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